U.S. Granted Utility Patents Originating in Blue Earth County, MN
PATENTCOUNTY27013 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.00
Year-over-Year Change
150.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Blue Earth County, MN' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Blue Earth County, Minnesota.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic series provides insight into the innovative activity and technological development occurring within Blue Earth County, a key indicator of the region's economic and intellectual capital. It is used by policymakers, economic development organizations, and researchers to assess the county's competitiveness and growth potential.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This metric helps inform local and regional economic policies aimed at fostering innovation and entrepreneurship.
Key Facts
- Blue Earth County is home to Minnesota State University, Mankato.
- Manufacturing is a major industry in Blue Earth County.
- The county has a population of over 67,000 as of the latest census.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Blue Earth County, Minnesota.
Q: Why is this trend relevant for users or analysts?
A: The number of granted patents originating in a region is a key indicator of innovative activity and technological development, which informs assessments of the area's economic and intellectual capital.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This metric helps inform local and regional economic policies aimed at fostering innovation and entrepreneurship.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all patents filed in the most recent period.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Blue Earth County, MN (PATENTCOUNTY27013), retrieved from FRED.